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oil rig decommissioning

Tuesday, February 20, 2024
FILE PHOTO: An oil and gas drilling platform stands offshore in Alabama, October 5, 2013. REUTERS/Steve Nesius/File Photo

Interior Department’s Poor Oversight of Offshore Decommissioning Increases Risks, Government Report Finds

The U.S. Department of the Interior is facing criticism over its failure to adequately enforce the decommissioning of aging offshore oil and gas wells and

February 20, 2024
Total Views: 1328

Tuesday, June 27, 2023
FILE PHOTO: An oil and gas drilling platform stands offshore in the Gulf of Mexico in Dauphin Island, Alabama, U.S., October 5, 2013. REUTERS/Steve Nesius/File Photo

Biden Administration Proposes Changes to Protect Taxpayers from Offshore Oil and Gas Decommissioning Costs

The Bureau of Ocean Energy Management (BOEM) has proposed changes to federal financial assurance requirements for offshore oil and gas companies to protect

June 27, 2023
Total Views: 2863

Tuesday, November 22, 2022
offshore rig

Cost of Decommissioning Oil and Gas Wells in the UK North Sea Could Reach $23 Billion

Over two thousand oil and gas wells in the UK sector of the North Sea will need to be decommissioned over the next decade at a total cost of

November 22, 2022
Total Views: 1719

Thursday, August 4, 2022
Pioneering spirit

Offshore Decommissioning Costs in the UK North Sea Falling

The cost estimate of decommissioning oil and gas infrastructure in the UK sector of the North Sea has been cut by 25% in the past five years, reflecting the

August 4, 2022
Total Views: 2213

Monday, May 23, 2022
maersk supply service vessel

Maersk Shutting Down Oil Rig Decommissioning Unit It Opened in 2018

A.P. Moller – Maersk has opted to close the oil rig decommissioning business it launched in 2018. Named Maersk Decom, the company was launched as a 50-50

May 23, 2022
Total Views: 5758

Thursday, March 18, 2021
lena platform

How an Offshore Oil Rig Becomes an Artificial Reef

By Eric Roston (Bloomberg) — Fifty miles southeast of Grand Isle, La., sits the Lena, which used to be an oil rig owned by ExxonMobil. After the site

March 18, 2021
Total Views: 5596

Friday, September 18, 2020
offshore helicopter s-92
Maritime News

U.S. Seeks Stricter Funding Rules for Abandoned Offshore Oil Wells

By David Wethe and Jennifer A. Dlouhy (Bloomberg) –The U.S. is looking to tighten requirements on bonds issued by a growing number of bankrupt oil

September 18, 2020
Total Views: 761

Thursday, May 23, 2019
Heerema Marine Contractors' Sleipnir, the world's largest semi-submersible crane vessel, sits in the Sembcorp Marine shipyard in Singapore
Maritime News

Heerema Unveils World’s Largest Offshore Crane Vessel in Singapore

SINGAPORE, May 23 (Reuters) – Dutch firm Heerema Marine Contractors and Singapore’s Sembcorp Marine, on Thursday, showed off the world’s

May 23, 2019
Total Views: 1263

Monday, July 2, 2018
maersk supply service vessel
Maritime News

Maersk Unveils Maersk Decom, Its New Oil Rig Decommissioning Unit

A.P. Moller – Maersk’s new oil rig decommissioning unit had its name unveiled last week along with confirmation that its senior management team is now

July 2, 2018
Total Views: 56

Tuesday, May 1, 2018
offshore platforms
Maritime News

New Oil and Gas Decommissioning Consortium Launched

Lloyd’s Register (LR), WorleyParsons, and Ardent have teamed up to launch a new consortium targeting the global oil and gas decommissioning market. The

May 1, 2018
Total Views: 9

Thursday, April 12, 2018
maersk supply service vessel
Maritime News

Maersk Units Form New Offshore Decommissioning Company

Maersk Drilling and Maersk Supply Service have announced a joint venture that will provide decommissioning services to offshore oil and gas operators. The

April 12, 2018
Total Views: 29

Monday, April 17, 2017
crane vessel Thialf
Maritime News

Heerema Wins Major Offshore Decommissioning Project in North Sea

Netherlands-based Heerema Marine Contractors (HMC) says it has received notice from ConocoPhillips about its intention to enter into a contract for a

April 17, 2017
Total Views: 119

Monday, November 14, 2016
Allseas Pioneering Spirit Approaches Platform For First Oil Rig Decommissioning Job
Maritime News

Oil Majors Seeking Norway Exit Warned Shutdown Costs May Remain

By Mikael Holter (Bloomberg) — As oil majors are considering exiting Norway, the government is warning them that they could still be on the hook for

November 14, 2016
Total Views: 6

Wednesday, August 24, 2016
Allseas Pioneering Spirit First Oil Rig Decommissioning Job

Rigs to Reefs: Is it better to leave unused oil platforms where they stand?

By Susan Gourvenec and Erika Techera, University of Western Australia (The Conversation) – The global offshore oil and gas industry has installed a

August 24, 2016
Total Views: 117

Thursday, July 28, 2016
Damen Unveils Platform Decommissioning Concept
Maritime News

Damen Unveils Platform Decommissioning Concept

With the seemingly indefinite slump in the North Sea oil and gas industry, it’s no surprise to see a number of companies grappling with the down market

July 28, 2016
Total Views: 35

Monday, February 2, 2015
brent delta platform

Shell Plans to Start Decommissiong North Sea Brent Delta Platform

Oil company Shell intends to start a 10-year process to dismantle and remove one of Britain's oldest and biggest oil platforms, Brent Delta, the company said

February 2, 2015
Total Views: 38

Friday, September 12, 2014
Scotland Vote Could Trigger Dispute Over Old North Sea Oil Rigs

Scotland Vote Could Trigger Dispute Over Old North Sea Oil Rigs

There are about 300 rigs in the UK North Sea and the cost of decommissioning is expected to exceed 40 billion pounds ($65 billion) until 2040, with expenditure

September 12, 2014
Total Views: 10


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